A fire broke out at Mxit’s offices in Stellenbosch early this morning. The fire started at 2am on Wednesday. Mxit chief financial officer Richard Newton said the fire was the result of an electrical fault. “There was a fair amount of smoke damage that
Browsing: Teraco
The investment by UK-based private equity firm Permira into one of sub-Saharan Africa’s biggest data centre companies, Teraco Data Environments, is another marker that private equity players in Europe and the US are taking investing in South African and Africa
It’s Mobile World Congress time again, and your hosts Duncan McLeod and Regardt van der Berg chat about some of the highlights, including the Samsung Galaxy S6 and Galaxy S6 edge as well as the HTC M9 and the HTC Vive. Also on the show this week
Due to the rapid response of Cape Town firefighters, a blaze at the Great Westerford Building in Rondebosch, which houses data centres belonging to Teraco and Hetzner, has been contained, Teraco said on Thursday afternoon. “The fire occurred on the roof
A fire is menacing two of the country’s biggest data centre operators. Teraco and Hetzner on Thursday confirmed that the building in which their Cape Town data centres is housed was on fire on Thursday. “We are in contact with the fire department
Fast-growing independent data centre operator Teraco Data Environments has increased the size of its medium-term funding facility to R400m. The additional funding has been secured from Barclays Africa
Fast-growing independent South African data centre operator Teraco is being acquired. The deal is being led through funds from international private equity firm Permira. Teraco has quickly established itself as the top “carrier neutral” data centre operator in sub-Saharan Africa since
Liberalised markets create competition, and that means more operators. But the growing array of these voice and data providers can’t operate in isolation: they have to connect to each other. In Nigeria, Medallion Communications has stepped in to meet this need. The larger and more complex
The Gauteng provincial government has revealed more details about its plans to wire up the province to broadband. It is starting the project by connecting its core sites to a 1 600km fibre network. The province has also announced plans
Vumatel, the company that recently won the project to deploy fibre-to-the-home broadband in Parkhurst in Johannesburg intends rolling out fibre to as many as 200 000 homes in the next three to four years at a cost of between R2bn and R3bn. The company, which is led by CEO Niel Schoeman